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125 Magnolia Street

125 Magnolia Street, Beverly, NJ 08010
Commercial in Burlington
125 Magnolia Street has been categorized by the local assessors in Beverly, NJ as a industrial type of property. The building on the property was first built in 1926 and is 98 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 25,017 ft and across the front of the lot is 3,000 ft. The area measurement of the land has been determined as 108,975,359 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of brick. The property was last sold in Jun 10, 2022 for $441,600. Prior to that sales transaction, the property was also sold in Sep 29, 1997 for $120,000. 125 Magnolia Street was last assessed in 2022. The total value of the property was assessed at $307,100. Specifically, the land the property is located on was valued at $29,800. While improvements on the property were assessed at a total of $277,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $15,515. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 108,975,359
  • Lot Size Depth Feet: 25,017
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Land Acres: 2501.73
  • Standard Land Use Code: Industrial (general)

Ownership

  • Current Owner : 125 MAGNOLIA ASSOCIATES LLC
  • Previous Owner : SOLOMON JEROME S
  • Owner Before Previous Owner: SOLOMON JEROME S
  • Owner Before Previous Owner 2: SOLOMON SHEILA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly City School District
  • Census Tract: 700900

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 02
  • Parcel: 02 00521-0000-00004
  • Block: 521
  • Lot: 4
  • Municipality: BEVERLY CITY
  • Latitude: 40.0666
  • Longitude: -74.924

    Address

  • Full Address: 125 Magnolia St
  • Address - House Number: 125
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Beverly
  • Carrier Code: C011
  • 4-Digit Zip Code: 1141
  • Zip Code: 08010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,000
  • First Open Lien Mortgage Lender: WILMINGTON SAVINGS FUND SOCIET
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $391,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $307,100
  • Market Land Value: $29,800
  • Market Improvement Value: $277,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $307,100
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $277,300

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11892320522
  • Current Sale Price: $441,600
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5765071
  • Previous Sale Recording Date: Oct 09, 1997
  • Previous Sale Contract Date: Sep 29, 1997
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WILMINGTON SAVINGS FUND SOCIET
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PNC BANK NATIONAL ASSN
  • Previous Mortgage Transaction Date: Oct 09, 1997
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 125 Magnolia Street located in?
The 125 Magnolia Street is a commercial located in the neighborhood of Burlington in Beverly, Beverly.
What is the average sales price for listings in 125 Magnolia Street?
The average sales price for units in 125 Magnolia Street is $0 currently.

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